Question

question 27 (1 point)
the free application for federal student aid (fafsa) is a form you will likely need to fill out if you plan to attend college. what is the fafsa and how does it help students with a desire to attend college?
a. the fafsa provides heavy discounts in universities just a button - click. once you apply it, it knocks off approximately 50% of your tuition.
b. the fafsa helps you get accepted into schools that are generally harder for regular students to attend.
c. the fafsa takes a look at your familys financial information to determine if there is a financial need, and if there is, it provides a means to pay for tuition.
d. the fafsa partners with private loan companies to reduce the interest on private student loans.

question 28 (1 point)
which of the following would not appear on a credit report?
a. salary of your current job
b. payment history of your car loan
c. credit card payment history
d. student loan activity

question 29 (1 point)
equifax, experian, and transunion are companies that ______
a. lend money and provide credit cards
b. track and report your credit - utilization & history
c. work with collection agencies
d. set interest rates

Explanation:

Question 27:

The Free Application for Federal Student Aid (FAFSA) assesses a family's financial information to determine financial need for college. It doesn't provide discounts with a coupon - code, help with admissions to hard - to - get - into schools, or partner with private loan companies to reduce interest.

Question 28:

A credit report includes information about loan and credit card payment history and student loan activity, but not the salary of your current job.

Question 29:

Equifax, Experian, and TransUnion are credit reporting agencies that track and report your credit information and history.

Answer:

Question 27: c
Question 28: a
Question 29: b